We advised Gold Line Resources Ltd. and its Finnish subsidiary in an asset purchase transaction pursuant to which Gold Line acquired a 100% interest in Agnico Eagle Mines Limited’s Oijärvi Gold Project located in northern Finland and Solvik Gold Project located in southern Sweden for an aggregate purchase price of US$10 million comprised of cash and shares of Gold Line and EMX Royalty Corp. In connection with the transaction, Agnico will retain a 2% net smelter return royalty on the projects, 1% of which may be purchased at any time by EMX for US$1 million.

For further information, please see news release from Gold Line Resources Ltd.